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Sable Resources Ltd (2)
Symbol SAE
Shares Issued 63,261,123
Close 2017-11-02 C$ 0.17
Market Cap C$ 10,754,391
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Sable appoints Njegovan as director, Godfrey as CFO

2017-11-03 10:25 ET - News Release

Mr. Tom Obradovich repotrs

SABLE RESOURCES LTD ANNOUNCES APPOINTMENT OF DONALD NJEGOVAN TO BOARD OF DIRECTORS AND RICHARD GODFREY AS CFO

Sable Resources Ltd. has appointed Donald Njegovan to the board of directors and Richard Godfrey to the position of chief financial officer, effective immediately.

Donald R. Njegovan, director, 47, has over 25 years of experience in the mining industry. He holds a bachelor of science in mining engineering from Michigan Technological University and a bachelor of arts from the University of Manitoba. Currently, he is the vice-president, new business development, at Osisko Mining Corp. He was formerly managing director of global mining at Scotiabank, an investment banker at Toll Cross Securities Inc., and also worked underground and as a mining engineer throughout North America. Mr. Njegovan is a director of Cabral Gold Ltd. and was on the board of directors of St. Andrew Goldfields Ltd. up until it was acquired by Kirkland Lake Gold.

Mr. Godfrey is a finance professional who has been involved in the mining industry over the last 30 years, both domestic and international. He has been directly involved in all financial and administration activities at the corporate and mine-site levels, with the responsibilities for public and management reporting, internal controls, risk management, treasury, debt and equity financings and materials management. He has held the chief financial officer or vice-president, finance, position for JDS Silver, Capstone Mining, Lundin Mining, Breakwater Resources, Ma'aden (a Saudi Arabian mining company) and Triton Mining. He has also been the mine-site controller at mines located in Yukon and the Northwest Territories.

Andrew Malashewsky will be stepping down as chief financial officer and will continue working as a consultant to Sable and assist Mr. Godfrey during the transition. The company wishes to thank Mr. Malashewsky for his continuing contribution.

About Sable Resources Ltd.

Sable owns numerous mineral projects in British Columbia, Canada, and Mexico, including 142-square kilometres of mineral tenure and mining leases in the Toodoggone mining district of north-central British Columbia, which hosts the past-producing Baker and Shasta mines, and the 250-tonne-per-day Baker mill and tailings facility.

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